CATH vs SPY

CATH vs SPY

Which is better, CATH or SPY?

Nearly the same fund. SPY costs less.

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 39.4%.

Lower Fees: SPYHigher Returns: SPYLess Concentrated: SPY

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricCATHSPY
Expense Ratio0.29%0.09%Best
AUM$1.4B$804.7B
Dividend Yield0.75%0.98%
Holdings446505
YTD Return+10.39%+12.22%Best
1Y Return+13.96%+16.97%Best
3Y Return (annualized)+19.80%+21.16%Best
5Y Return (annualized)+11.45%+13.00%Best
Volatility (annualized)15.5%15.1%Best
Max Drawdown-34.0%Best-34.1%
$10,000 over 5 years$17,195$18,424Best
Top 10 Weight39.4%37.8%Best
Fund FamilyGlobal X by mirae AssetState Street Investment Management
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionApr 18, 2016Jan 22, 1993

Volatility and max drawdown are measured over the window both funds cover: Apr 19, 2016 to Sep 17, 2026 (10.4 years).

CATH vs SPY growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 10.4 years both funds cover.

CATH vs SPY Performance

Global X S&P 500 Catholic Values ETF (CATH) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year CATH returned +13.96% while SPY returned +16.97%. Year to date, CATH is up 10.39% versus a gain of 12.22% for SPY.

Over three years, CATH compounded at +19.80% per year against +21.16% for SPY; over five years the annualized figures are +11.45% and +13.00% respectively. Across the full 10-year window we track, SPY has the edge at +14.00% annualized vs +13.67%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CATH has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 15.1% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -34.0% for CATH and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

CATH charges 0.29% per year while SPY charges 0.09%. On a $10,000 position that is $29 vs $9 annually, a gap of $20 per year that compounds over a long holding period. On income, CATH currently yields 0.75% against 0.98% for SPY.

Holdings Overlap

CATH already in SPY99.6%
SPY already in CATH86.6%

99.6% of CATH's money is in holdings SPY also owns. 86.6% of SPY's money is in holdings CATH also owns.

Most of CATH is already inside SPY. Owning both mostly buys the same companies twice.

439 positions in common, counted across the 443 positions we hold weights for in CATH and 504 in SPY, against full books of 446 and 505.

What only one of them owns

Our book lists 61 positions for SPY that do not appear in our book for CATH (12.9% of the fund), and 3 for CATH that do not appear in SPY (0.4%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in CATHWeight in SPYDifference
NVDANvidia Corp8.43%8.01%0.42%
AAPLApple, Inc7.64%7.26%0.38%
MSFTMicrosoft Corp5.95%5.66%0.29%
AMZNAmazon.Com Inc3.84%3.79%0.05%
GOOGLAlphabet Inc,class A3.00%2.99%0.01%
AVGOBroadcom Inc2.81%2.66%0.15%
GOOGAlphabet Inc2.40%2.39%0.01%
METAMeta Platforms Inc1.94%1.93%0.01%
MUMicron Technology, Inc.1.69%1.60%0.09%
JPMJpmorgan Chase1.65%1.45%0.20%

99.6% of CATH is already inside SPY.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

CATHSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, CATH or SPY?

CATH has an expense ratio of 0.29% while SPY charges 0.09%. SPY is the cheaper option, by $20 a year on a $10,000 investment.

Which performed better, CATH or SPY?

Over the past year CATH returned +13.96% vs +16.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (10 years), CATH annualized +13.67% vs +14.00% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CATH or SPY?

CATH has been the more volatile fund at 15.5% annualized versus 15.1% for SPY. Worst drawdown: CATH -34.0% vs SPY -34.1%.

Should I hold both CATH and SPY?

CATH and SPY have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between CATH and SPY?

99.6% of CATH's money is in holdings SPY also owns. 86.6% of SPY's is in holdings CATH also owns. They hold 439 positions in common, counted across the 443 positions we hold weights for in CATH and 504 in SPY.

Which pays a higher dividend, CATH or SPY?

CATH yields 0.75% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.

Is SPY better than CATH?

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 39.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.